INSIGHTS FROM CFA SOCIETY SINGAPORE

Investing in a greener world

AT the end of July, PTT Public Company Ltd issued a 15 billion Thai baht (S$647 million) green bond certified by Climate Bonds Initiative (CBI), a not-for-profit international organisation for climate change solutions, against its forestry criteria in the Thai domestic market.

CFA SINGAPORE INSIGHTS

Growing evolution of green finance in Singapore

GREEN finance is growing strongly, both globally and in Asia: over US$220 billion in green bonds and loans have already been issued this year, with forecasts at end-December 2020 to be approximately in the US$250 billion region.